200 N 3rd Street Victor, CO ^$ 775,000

200 N 3rd Street

^$ 775,000

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200 N 3rd Street

Victor, CO, 80860

^$ 775,000

Studio Baths0.0 Sq 4,747

Monthly Estimate*

^$ 5,414

Listed by eXp Realty, LLC

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Studio

Commercial Property for sale in Victor, CO

for $775,000. This 4,747 square foot building was built in 1900 on a lot size of 1.8.

Cool historic, unique property is an investor's dream! 1.8 acre complex offers multiple streams of income in Victor's business district. The Colorado Trading & Transfer Company was recently renovated into 2 residences set up like a duplex with a strong rental history. Upper unit features kitchen, dining room, living room, bedroom, full bath, entry hall, reading nook/sun room plus downstairs area used for second bedroom that could be an office, media room, family room with several flex spaces, laundry & 2 car garage & freight chute, loading dock, original safe & historical records/artifacts. Lower unit has a kitchen, dining nook, living room, bedroom, 3/4 bath, laundry hook ups, office/family room with built in antique platform scales. Renovations include newer Quaker windows, 200 amp service with 90 amp sub-feed panel, new plumbing, 2 forced air units & more! Thompson House is a miner's cabin that was moved from the Ajax mine & rebuilt as a rental & has a long term tenant. Cabin renovations include new electrical, new metal roof, new Quaker windows. 22 storage units are in high demand & constantly rented with a waiting list. 10 storage units are newer metal buildings, the other 12 are from an original structure. 3 additional storage units could easily be created from the current workshop space. Two 50 amp & one 30 amp RV hookups, plus a 76' x 125' fenced storage yard that until recently was leased to a propane company. This could make great RV & Boat storage, or add more storage units to meet the demand. The town of Victor has a rich history with many original buildings still in operation from the mining days and is one of Colorado's best kept secrets! Recreation activities like gold medal fishing, hiking, horseback riding, skiing, festivals, biking. Cripple Creek is minutes away offering tourist activites like gaming, cafes & shops plus a new 300 room Casino that opens Dec. 2023 This historic property with a turnkey business is a golden opportunity!

Commercial Active

Price

^$ 775,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,985

Style

Rustic Contemporary

Lot Size

1.8

Year Built

1900

Town/City

Victor

County/Region

Teller

MLS | Web ID

1762382

Features

General

Sewer Public Sewer

Utilities Electricity Connected Internet Access (Wired) Natural Gas Connected

Possession See Remarks

Roof Metal

Zoning C1

Garage Spaces 2

Architectural Style Rustic Contemporary

Security Features Secured Garage/Parking Smart Locks Smart Security System Smoke Detector(s)

Construction Materials Frame Metal Siding

Exclusions Tenants belongings

Year Built 1900

Electric 110V 220 Volts

Tenant Pays Cable TV

Property SubType Multi-Family

Tax Year 2022

Current Use Live-Work/Mixed-Use/Flex Multi-Family

Gross Income 62340

Building Name Colorado Trading & Transfer Company

County Teller

Operating Expense 17367

Property Type Commercial Sale

Attached Garage Y

Energy Efficient Lighting Windows

Building Features Laundry Storage

Status Active

Directions From Divide head south on Hwy 67 drive 13.4 miiles turn left on Lazy S Ranch Rd (Colo Rd 81) drive 6.2 miles and it becomes Diamond Ave as you enter the town of Victor. Property is on the right at t

City Victor

Buyer Agent Compensation 2.8

Total Units 3

Lot Size Square Feet 78408

Carport Spaces 0

Street Name 3rd

Listing Terms Cash Conventional

Tax Annual Amount 4985.2

Leasable Area 4747

Standard Status Active

Occupancy Description Tenant (Multiple)

Cap Rate 5.8

Buyer Agent Compensation Type %

Exterior

Parking Features Circular Driveway Driveway-Gravel

Lot Features Historical District

Water Source Public

Total Parking 6

Lot Size Area 1.8

Building Area Total 4747

Lot Size Acres 1.8

Road Surface Type Gravel

Lot Size Units Acres

Road Frontage Type Public

Road Responsibility Public Maintained Road

Interior

Street Suffix Street

Internal Only

Street Number 1 200

* Excluded Features

List By

Exp Realty, Llc

Broker

(719) 499-9394

Phone

Affordability Calculator

$5,829

Per Month

Monthly Principal & Interest: $5,414
Monthly Property Taxes: $415
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Victor, CO

Average List Price ^$425,180

Percent of Sale Price 45%

About Victor, CO

393 Population

-16% Since 2002

^$47,321 Median Income

53.89 Median Age

11% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

242254 Elementary School

242425 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
7/15/2023	$775,000		Listed Price

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200 N 3rd Street, Victor, CO, 80860 is a Commercial Property for sale at $775,000 with 4,747 sqft and a lot size of 1.8. 200 N 3rd Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 80860 which is in Victor, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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200 N 3rd Street

Commercial Property for sale in Victor, CO

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